QUESTION: I have bought and sold crypto currencies over the past few years but never thought about declaring the profit or loss as I assumed it was gambling and tax exempt.
QUESTION: As a small business struggling with inflationary pressures and rising interest rates, what are the tax opportunities shared by Chancellor Jeremy Hunt recently? ANSWER: In the weeks leading up to November’s Autumn Statement, the newspapers and media were full of speculation about tax cuts.
QUESTION: My sister and I have built up a portfolio of buy-to-let properties in Belfast.The buy-to-let mortgages are almost repaid and we are considering the idea of putting these properties into a limited company owned equally by us. Can you explain the tax implications of doing this and the impact going forward?